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...Guillaume Faury, Airbus chief executive, said last month the company was in early-stage talks with Spirit about the work it does for the plane maker....
...In 2021, Boeing admitted wrongdoing in two fatal crashes, but the department agreed to ask the court to dismiss the case in three years if the company paid $2.5bn and operated a compliance programme....
...The company found “several people had been violating company policies by not performing a required test, but recording the work as having been completed”....
...It said deliveries to Boeing had been delayed as the two companies have jointly inspected fuselages at Spirit’s factory since March 1 before they are shipped to Boeing’s plant in Renton, Washington....
...The probe will add to scrutiny of the company after one of Boeing’s 737 Max planes lost a door panel in mid-air at the start of 2024....
...The company “received indications” that Boeing would increase its production rate of the wide-body jet at a slower rate. Sprit now plans to deliver 55 units for the year, rather than 80....
...Boeing supplier Spirit AeroSystems, a former unit of the aircraft maker that is also the subject of a takeover by its one-time parent company, is set to report results this morning....
...Moody’s downgraded Boeing’s senior unsecured debt rating to one notch above junk with a negative outlook, citing “inadequate performance” of the company’s commercial planes business....
...Boeing did not immediately respond to a request for comment on Saturday. The company’s share price closed at $179,79 on Friday, down 29 per cent since the beginning of the year....
...But the first question is why America’s famous private sector model has fallen short at Boeing. The company maintains that in a few years’ time, annual free cash flow will reach $10bn....
...The Chicago-based airline posted a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
...The Chicago-based airline had a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
...UK-listed stocks, all of which are growing faster than international brand name blue-chip companies listed on the London market....
...But Woods presided over the company’s second most profitable year. That is not the case at Boeing....
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
...Regulators have given the company until the end of May to submit a plan to improve....
...The regulator has limited the number of 737 Maxes Boeing can build per month to 38 and given the company until the end of May to submit a plan to improve quality....
...The company said the claims were “inaccurate”. “Voluntary reporting without fear of reprisal is a critical component in aviation safety,” the Federal Aviation Administration told the Financial Times....
...US aviation safety regulators have capped Boeing’s output of its 737 Max aircraft while the company focuses on improving its manufacturing and quality processes....
...Braided Rug Company, £59 Hand-braided by artisans in Bangladesh. toa.st Pilo 2 fabric shaver by Steamery, £55 Remove pilling and loose thread to refresh upholstery. steamery.co.uk Pencil holder by Sibyl...
...The company has emerged strongly from the Covid-19 pandemic, returning to a profit of $164mn in 2023 as it ramped up deliveries of new aircraft....
...Boeing also announced that Stan Deal, the head of its commercial airplane division, which has been at the centre of the recent crisis gripping the group, will retire and will be replaced by the company’s...
...The company has cut the rate at which it produces 737 Max planes as it seeks to resolve manufacturing flaws, resulting in delivery delays that have forced some airlines to amend their flight schedules....
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